World economic convergence: Does the estimation methodology matter?
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DOI: 10.1016/j.econmod.2020.05.027
Abstract: Abstract An extant empirical literature produces evidence on economic convergence using methods that assume an underlying deterministic trend. Competing approaches that assume a stochastic trend, however, produce only limited evidence of economic convergence. In this… read more here.
Keywords: methodology; economic convergence; estimation methodology; convergence estimation ... See more keywords